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March 7 PP market morning review

 Last Update: 2022-12-09
 Source: Internet
 Author: User

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oil go valparaiso

mars news today

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Yesterday, the PP market price was stable and small, crude oil rose sharply, polypropylene futures opened low and rose slightly, and individual companies of CNPC and Petrochemical lowered the factory price, long and short intertwined, traders are cautious, due to the greater pressure on inventory, the transaction price has more room to be reduced, downstream factories insist on buying
as they go.

Local market price reference: Tianjin market slightly lower, Ningmei 1102K reported 8900 yuan / ton; The Xi'an market is in a dilemma, and Yanlian T30S is at 8850 yuan / ton; Shantou market prices fell, Fujian United 1080K reported 8330 yuan / ton
.

Today's Forecast: PP market prices are expected to consolidate
today.

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